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Thursday, April 10, 2008 7:31:37 PM
Two months ago, Julius Baer, Switzerland's biggest independent money manager, began a new $41 million stock fund which will invest in Ukraine, Bulgaria, Romania, Georgia and Kazakhstan.
Assets surged almost 10-fold since Julius Baer started selling the Black Sea fund to institutions.
About Julius Baer
The Julius Baer Group is the leading dedicated wealth manager in Switzerland. The Group,
whose roots date back to the 19th century, concentrates exclusively on the fields of private
banking and asset management for private and institutional clients. With more than 3,600
employees worldwide, the Group managed clients’ assets in excess of CHF 360 billion at the
end of December 2006. The Julius Baer Group’s global presence comprises over 30 locations
in Europe, North America, Latin America and Asia, including Zurich (head office), Buenos Aires,
Dubai, Frankfurt, Geneva, Hong Kong, London, Lugano, New York, Singapore and Tokyo. Bank
Julius Baer, the key company of the Group, has a long-term debt rating of Aa3 from Moody’s.
The shares of Julius Baer Holding Ltd. are listed on the SWX Swiss Exchange.
2008-The Rainmakers Moneymakers. stock symbol RAIN
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